Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for IOTAUSDT
Here we have R2 as a resistance area which represents that the price was not able to rise at several points. R1 used to be a support area and S1 used to be another resistance line. Therefore, we have the price fluctuating bellow R1 area and we expect it to fall to S1 (as it used to do in its past behavior) and we should wait for some rising signs in order to have an increase for the price toward R2. In case the price is not supported at S1, more fall is there for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for IOTAUSDT
Here we have R2 as a resistance area which represents that the price was not able to rise at several points. R1 used to be a support area and S1 used to be another resistance line. Therefore, we have the price fluctuating bellow R1 area and we expect it to fall to S1 (as it used to do in its past behavior) and we should wait for some rising signs in order to have an increase for the price toward R2. In case the price is not supported at S1, more fall is there for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck